Introduction
ZESCO Limited is a parastatal company under the Companies Act.  It was established in 1970, and its governance has evolved over time to one that defines an arms-length relationship with Government.
This relationship is defined in the Performance Contract that was signed between Government and ZESCO in 1996.  The contract defines the commercialization issues and other operational benchmarks for ZESCO over the contract period of three (3) years.

Governance Of ZESCO
ZESCO is governed by a Board of Directors which is appointed by Government with wide consultations and participation of the private sector.
To support the Board in the running of ZESCO, is the Management Executive Board  headed by the Managing Director and assisted by Directors.